Durango Montessori Inc
Durango Montessori Inc. consistently operates with no officer compensation, showing strong commitment to mission despite fluctuating annual surpluses.
EIN: 201961557 · Durango, CO · NTEE: B24 · Updated: 2026-03-28
Is Durango Montessori Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Durango Montessori Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Durango Montessori Inc
Durango Montessori Inc (EIN: 201961557) is a nonprofit organization based in Durango, CO, classified under NTEE code B24. The organization reported total revenue of $678K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Durango Montessori Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Durango Montessori Inc is a small nonprofit that has been operating for 10 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $446K |
| Surplus / Deficit | $-57,669 |
| Total Assets | $107K |
| Total Liabilities | $1K |
| Net Assets | $106K |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2023, Durango Montessori Inc reported a deficit of $58K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Durango Montessori Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +17.4% | -36.1% |
| 2022 | -5.0% | +12.7% | +1.8% |
| 2021 | +8.0% | -9.4% | +59.8% |
| 2020 | +15.8% | +25.3% | -2.8% |
| 2019 | +27.2% | +26.8% | +29.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Durango Montessori Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Durango Montessori Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly commendable for an organization of its size, demonstrating a strong commitment to directing all available funds towards its educational programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Durango Montessori Inc's IRS 990 filings:
- Occasional operating deficits where expenses exceed revenue (e.g., 202312, 202212, 202012, 201712, 201512) could indicate tight financial management or reliance on prior year surpluses.
Strengths
The following positive indicators were identified for Durango Montessori Inc:
- Consistent 0% officer compensation across all filings, demonstrating high efficiency and dedication to mission.
- Low liabilities across all reporting periods, indicating sound financial management and minimal debt.
- Consistent IRS 990 filing history over 11 periods, showing strong transparency and governance.
- General upward trend in revenue over the past decade, suggesting growing support and operational capacity.
Frequently Asked Questions about Durango Montessori Inc
Is Durango Montessori Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Durango Montessori Inc (EIN: 201961557) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Durango Montessori Inc spend its money?
Durango Montessori Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Durango Montessori Inc tax-deductible?
Durango Montessori Inc is registered as a tax-exempt nonprofit (EIN: 201961557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Durango Montessori Inc. financially stable?
While the organization has experienced periods where expenses exceeded revenue (e.g., 202312, 202212), its assets have remained relatively stable, and liabilities are consistently low, suggesting a reasonable level of financial stability, albeit with tight operating margins at times.
How does Durango Montessori Inc. manage its executive compensation?
Durango Montessori Inc. reports 0% officer compensation in all available filings, indicating that its leadership serves without direct salary from the organization, which is a significant positive for resource allocation to its mission.
What is the trend in Durango Montessori Inc.'s revenue?
Revenue has generally shown an upward trend over the past decade, from $212,911 in 201712 to $677,867 in the latest reported period, indicating growth in its financial capacity.
Filing History
IRS 990 filing history for Durango Montessori Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Durango Montessori Inc's revenue has grown by 71.9%, moving from $226K to $389K. Total assets increased by 115.9% over the same period, from $50K to $107K. Total functional expenses rose by 115.6%, from $207K to $446K. In its most recent filing year (2023), Durango Montessori Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $1K in liabilities against $107K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $446K | $107K | $1K | — | View 990 |
| 2022 | $380K | $380K | $167K | $1K | — | View 990 |
| 2021 | $400K | $337K | $164K | $257 | — | — |
| 2020 | $370K | $372K | $103K | $2K | — | View 990 |
| 2019 | $320K | $297K | $106K | $3K | — | View 990 |
| 2018 | $251K | $234K | $82K | $1K | — | View 990 |
| 2017 | $213K | $249K | $75K | $12K | — | View 990 |
| 2016 | $265K | $258K | $104K | $5K | — | View 990 |
| 2015 | $273K | $285K | $115K | $23K | — | View 990 |
| 2014 | $286K | $244K | $115K | $11K | — | — |
| 2011 | $226K | $207K | $50K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $446K, and assets of $107K (revenue +2.3% year-over-year).
- 2022: Revenue of $380K, expenses of $380K, and assets of $167K (revenue -5.0% year-over-year).
- 2021: Revenue of $400K, expenses of $337K, and assets of $164K (revenue +8.0% year-over-year).
- 2020: Revenue of $370K, expenses of $372K, and assets of $103K (revenue +15.8% year-over-year).
- 2019: Revenue of $320K, expenses of $297K, and assets of $106K (revenue +27.2% year-over-year).
- 2018: Revenue of $251K, expenses of $234K, and assets of $82K (revenue +18.1% year-over-year).
- 2017: Revenue of $213K, expenses of $249K, and assets of $75K (revenue -19.8% year-over-year).
- 2016: Revenue of $265K, expenses of $258K, and assets of $104K (revenue -2.6% year-over-year).
- 2015: Revenue of $273K, expenses of $285K, and assets of $115K (revenue -4.7% year-over-year).
- 2014: Revenue of $286K, expenses of $244K, and assets of $115K (revenue +26.4% year-over-year).
- 2011: Revenue of $226K, expenses of $207K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Durango Montessori Inc:
Data Sources and Methodology
This transparency report for Durango Montessori Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.